And Texas boasts below-average unemployment and decent growth.
There's no hint in these data that we've entered new territory in which decent growth fails to create jobs; the problem is that we haven't had decent growth.
Just how much, we won't know until we've had a few more years of decent growth.
The starting-point will be salaries padded out by a decade of decent growth.
Equities would beat bonds in a normal world of decent growth.
For a start, rising rates are a reflection of the return to decent growth.
Those economies that are experiencing decent growth, such as America, run current-account deficits.
It still points to decent growth however, with the index firmly above the 50 mark which separates contraction from expansion.
THE United States has already avoided following that timetable, thanks to the economy's decent growth this year.
In the current environment of decent growth, low inflation, and pro-business policies, Tepper added, investors "can't be short".
"It's consistent with a decent growth rate in the economy," said Stephen Stanley of Greenwich Capital Markets in Greenwich, Conn.
